Not logged in.
Quick Search - Contribution
Contribution Details
| Type | Bachelor's Thesis |
| Scope | Discipline-based scholarship |
| Title | Sustainability Benchmarking of the European Banking Industry – Analysis of the 100 Largest European Banks |
| Organization Unit | |
| Authors |
|
| Supervisors |
|
| Language |
|
| Institution | University of Zurich |
| Faculty | Faculty of Business, Economics and Informatics |
| Number of Pages | 59 |
| Date | 2023 |
| Abstract Text | Sustainability has been one of the most discussed topics in recent years and leading to a growing trend of Environmental, Social and Governance (ESG) disclosure initiatives. This thesis uses a benchmarking approach to examine the qualitative and quantitative assessment of the sustainability indicators of Europe’s 100 largest financial institutions. Ranked according to market capitalization, the sustainability of the individual banks is measured using critical figures from their annual- and sustainability reports1 and compared with each other. Using a regression, the most important findings can finally be drawn up. Since sustainability reporting for banks is not yet mandatory, this work aims to create a benchmark regarding specifically defined criteria. Therefore, all data has been collected, customized, reviewed, analysed and evaluated manually. This study developed a detailed set of key sustainability factors to allow a broad comparison between the financial institutions. As a result, analysing the process of this thesis, including difficulties in obtaining consistent and comparable data of the various banks, they should adopt a more aligned and transparent approach when publishing their sustainable data. Furthermore, this study aims to examine the relationship between the calculated score and a bank’s operational performance, Return on Assets (ROA). The generated score elects Cembra Money Bank AG as the best performing bank regarding sustainability disclosure in 2021. Moreover, the study's findings highlight the final regression’s significance and demonstrate that this work's hypothesis is applicable. |
| Export |
BibTeX
|